Purchase
How Our Greatest Financial Minds Bankrupted the Nation
Free Press
April 2009
On Sale: April 14, 2009
112 pages
ISBN: 1439159874
EAN: 9781439159873
Paperback
Add to Wish List
Non-Fiction
The financial crisis that has gripped this country since
last September has had so many twists and turns, it
would make for a great drama -- if it all were not so
real and damaging. Companies are shutting down and
laying off workers, 401ks are melting away, and the
government is spending $700 billion dollars to bail out
banks and financial institutions -- and that's only the
beginning. The financial services industry, and the many
industries that depend on it -- from housing to cars --
is in intensive care.
So what happened? How did we get to this point of
financial disaster? Is the economy just a huge, Madoff-
esque Ponzi scheme? It is a complicated and confusing
story -- but Daniel Gross of Newsweek has a special gift
for making complicated matters easy to understand and
even entertaining. In Dumb Money, he offers a guide to
the debacle and to what the future may hold. This is not
so much a book about who did what, though that's part of
the story. Rather, it pieces together the building
blocks of the debt-fueled economy, and distills the
theory and personalities behind our late, lamented easy
money culture. Dumb Money is a book that finally lays it
all out in an engaging way, and might just help people
invest their money smartly until the gloom passes.
Comments
No comments posted.
Registered users may leave comments.
Log in or register now!
| 
© 2003-2025 off-the-edge.net
all rights reserved Privacy Policy